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Illinois · Through at least Public Act 104-790

40 ILCS 5/6-117: Present value.

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Where this section sits in the code
  1. CHAPTER 40 PENSIONS
  2. Illinois Pension Code.

"Present value": The amount of money needed to provide an annuity or benefit at some future date computed according to the applicable mortality and interest tables.

Collected 2026-09-15T04:46:20Z. Source file · JSON

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